4//SEC Filing
HCC INSURANCE HOLDINGS INC/DE/ 4
Accession 0001209191-15-045916
CIK 0000888919operating
Filed
May 21, 8:00 PM ET
Accepted
May 22, 1:05 PM ET
Size
6.8 KB
Accession
0001209191-15-045916
Insider Transaction Report
Form 4
FLAGG JAMES C
Director
Transactions
- Award
Deferred Stock
2015-05-20$58.21/sh+1,889$109,959→ 1,889 total→ Common Stock (1,889 underlying)
Holdings
- 15,117
Common Stock
Footnotes (4)
- [F1]Represents stock compensation deferred pursuant to the HCC Insurance Holdings, Inc. Nonqualified Deferred Compensation Plan for Non-Employee Directors (the "Plan").
- [F2]Each share of deferred stock represents the right to receive one share of HCC common stock.
- [F3]As part of the annual director compensation package, each non-employee director received a grant of a whole number of shares of HCC common stock determined by dividing $110,000 by the closing price on May 20, 2015, the date of the Annual Meeting of Stockholders. The reporting person has elected to defer receipt of such shares pursuant to the HCC Insurance Holdings, Inc. Nonqualified Deferred Compensation Plan for Non-Employee Directors.
- [F4]The deferred stock will be payable to the reporting person in shares of HCC common stock upon occurrence of certain payment events, including reporting person's termination of service as a director or a change in control of HCC Insurance Holdings, Inc.
Documents
Issuer
HCC INSURANCE HOLDINGS INC/DE/
CIK 0000888919
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000888919
Filing Metadata
- Form type
- 4
- Filed
- May 21, 8:00 PM ET
- Accepted
- May 22, 1:05 PM ET
- Size
- 6.8 KB